Why Bangladesh continues leather import despite having abundance of it
The country's export earnings from the leather sector were $1,223.62 million in FY23, according to the Export Promotion Bureau.
Source: tbsnews.net
Stay updated with breaking news from Sonjoy Saha. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The country's export earnings from the leather sector were $1,223.62 million in FY23, according to the Export Promotion Bureau.
Despite its potential, Bangladesh's leather product exports, including footwear, have stagnated at around $1 billion for nearly two decades, while Vietnam's footwear exports have skyrocketed from less than $1 billion to an impressive $25 billion. This stark contrast highlights the challenges hindering Bangladesh's leather industry from achieving its full potential. A